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Korea's financial regulator is launching a pilot program to help voice phishing victims recover economically and psychologically. The Financial Supervisory Service (FSS) signed an MOU on Nov. 9 with the Korea Federation of Banks, the Credit Finance Association, the Korea Savings Banks Federation, and Good Neighbors to run the 'Back to Daily Life' project, which provides up to 2 million won per person in emergency living expenses and professional psychological counseling for victims in households at or below 150% of the median income, running from this month through October next year. In the first half of this year, voice phishing cases totaled 7,033 with damages of 327.6 billion won, up about 6% in case count from a year earlier, according to the FSS. The regulator's move comes amid growing concern over the psychological toll of such scams, with Yonhap reporting the FSS is addressing both financial and emotional recovery.